CAYCE, SC – SmartAsset, a financial advisory website, recently conducted a study using their interactive “Healthy Housing Markets” calculator to find the cities in South Carolina where it is easiest to sell a home– and the City of Cayce ranked in the top 10! The ease to sell a home is a marker of a healthy housing market and a strong influx of people wanting to buy and live in that particular city.
To find the cities with the easiest ability to sell a home, the company searched for the overall healthiest markets and looked at a variety of factors, including:
· Average Years Living in Home
· Average Homes with Negative Equity
· Homes Decreasing in Value
· Average Days on Market
· HomeCost as % of Income
· Ease of Sale Index
Cayce came in at the #10 spot when compared to every city in South Carolina. Additional factors that were taken into consideration were stability, affordability, fluidity and risk of loss factors, all of which Cayce scoredfavorably. You can read the full study here.
Mayor Elise Partin stated, “With more and more residents choosing to call our great city home, it is no surprise that we have a healthy housing market and easy turnaround on home sales. The career opportunities,quality of life, and low cost of living that we offer, makes Cayce a perfect place to live, work, play and raise your family. I am so thrilled that we continue to thrive and be recognized for all the things that make our city so great.”